Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Australian Dollar/Lithuanian Litas (FOREX:AUDLTL)
Sidelines Mode (+55) - AUDLTL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid AUDLTL?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDLTL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDLTL
The long-term trend has been UP since Dec 2nd, 2020 at 2.1748969
The intermediate-term trend has been UP since Feb 14th, 2021 at 2.2799162
The short-term trend has been DOWN since Feb 25th, 2021 at 2.3044109
Smart Scan Analysis for AUDLTL
Based on our trend formula, AUDLTL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).